5 ms·
> The next crash will be student loans. Yes, and it will be ugly. It was already getting bad before the tax code overhaul, but now that the payment of interest
by shawnee_ 8y ago
> The next crash will be student loans.
Yes, and it will be ugly. It was already getting bad before the tax code overhaul, but now that the payment of interest on student loans is not deductible (by anyone, namely diligent debt-paying low-income grads for whom the tax deduction was originally intended, those making < $80K), it is kind of inevitable.